secwatch.observer — SEC 8-K summary
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Issuer:     El Pollo Loco Holdings, Inc. (LOCO)
CIK:        0001606366
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001606366-23-000036
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

El Pollo Loco repurchases 2.5M shares from largest holder Freeman Spogli for $26.6M
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- Repurchased 2.5M shares at $10.63 each, total $26,575,000, closing August 8, 2023.
- Sellers are FS Equity Partners V and FS Affiliates V; John Roth, a director, is a general partner at Freeman Spogli.
- Sellers agreed to a 30-day lockup on remaining shares owned or controlled.
- Company funded repurchase with available cash; no new debt issued.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606366/000160636623000036/0001606366-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606366/000160636623000036/loco-20230807x8k.htm
  HTML page:      https://secwatch.observer/filing/0001606366-23-000036

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